The State Department has approved a potential $662 million foreign military sale of Lockheed Martin-built (NYSE: LMT) AN/TPQ-53(V) radar platforms and related services to Saudi Arabia. Saudi Arabia requested 26 AN/TPQ-53(V) radars, M931 and M107 projectiles, GPS receiver tools, single channel ground and airborne ra...
The State Department has authorized Saudi Arabia’s procurement of training services for the country’s air force and other military branches under a $750 million foreign military sales agreement with the U.S. government. Saudi Arabia™s blanket order training program will cover English language, flight, mobile, specialized and te...
The Department of Health and Human Services (HHS) said “healthcare cybersecurity is in critical condition” in its report to Congress Friday. Hospitals and health care facilities are a honeypot for hackers and prime targets for ransomware attacks because of the huge amounts of personal information that they collect. While c...
Lockheed Martin (NYSE: LMT) has secured a $200 million contract from the U.S. Air Force to help 13 foreign military sales customers sustain Sniper advanced targeting pods and Low Altitude Navigation and Targeting Infrared for Night navigation pods. The Defense Department said Thursday work will include depot-level repair and retu...
Saab has received a potential two-year, $218.6 million contract from Sweden’s defense materiel administration to provide continued maintenance and support services for the country’s Gripen C/D multirole fighter aircraft. The company said Wednesday it will maintain components, procure equipment manage obsolescence, maintain spar...
TYSONS CORNER, VA, June 1, 2017 ” Concurrent Technologies Corp. has secured a spot in Military Times’ list of Best for Vets Employers in 2017 for the company’s employment programs for military veterans, GovCon Executive reported Tuesday. CTC said May 25 that 32 percent of its new hires and 15 percent of its total workforce...
Ashley Godwin, formerly senior defense and government affairs adviser for the Shipbuilders Council of America, has joined Huntington Ingalls Industries (NYSE: HII) as director of federal policy. HII said Wednesday she will help develop the company’s legislative and federal policy priorities in support of future sh...
Philadelphia Gear has received a $98 million contract modification from the U.S. Navy to deliver three shipsets of main reduction gears for Arleigh Burke-class guided missile destroyers. The Defense Department said Tuesday the contract includes MRGs that will be installed in the DDG 125, DDG 126 and DDG 127 ships. MRG is a s...
Vectrus (NYSE: VEC) has secured a $212 million contract modification from the U.S. Army to support communications equipment and information systems of the Army Network Enterprise Technology Command and its subordinate units in the Southwest Asia theater of operations. The Defense Department said Friday the company will perform work in Afghanistan...
The Week’s Top GovCon News Stories View this email in your browser Weekly Roundup May 22 – May 26 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson This past Tuesday, President Donald Trump released his first budget proposal for fiscal 2018 and the blueprint su...
